Johannesburg - Private equity exits in Africa reached a nine-year high in 2015, according to data from EY and the African Private Equity and Venture Capital Association (AVCA).
This is even as firms held onto their investments longer due to economic uncertainty. Private equity (PE) firms exited 44 companies in 2015, an increase from 39 in both 2014 and 2013.
"How private equity investors create value" is EY and AVCA’s fourth annual analysis of the ways private equity investors create and preserve value in the companies they own and operate in Africa. The findings were released this week at the 13th annual AVCA Conference in Addis Ababa, Ethiopia.